Congratulations, Steve Bangs!
Our congratulations and gratitude to Steve Bangs, The Small Business Administration’s Assistant District Director, Lender Relations, on his retirement.
OBDC receives PRIME award to support veterans with technology
Today, the Small Business Administration (SBA) announced that OBDC Small Business Finance, a nonprofit community development financial institution (CDFI) headquartered in Oakland, received a $150,000 award from the SBA’s Program for Investment in Micro-Entrepreneurs (PRIME).
SBA 7a Lending Resumes
OBDC is thrilled to be one of the Small Business Administration’s partners. The SBA 7(a) loan product is an important part of our work, because it offers our clients the opportunity to use the loan funds to buy or operate a business, purchase or improve equipment, and refinance business debt, all with a relatively low interest rate.